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  1. Dictionary
    annuity
    /əˈnjuːɪti/

    noun

    • 1. a fixed sum of money paid to someone each year, typically for the rest of their life: "he left her an annuity of £1,000 in his will"

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  2. www.investopedia.com › ask › answersWhat Is an Annuity? Definition, Types, and Tax Treatment - ...

    Aug 20, 2024 · An annuity is a contract between a buyer and an insurance company that provides the buyer with a regular series of payments in return for a lump-sum payment. An annuity is most...

  3. www.investopedia.com › terms › aGuide to Annuities: What They Are, Types, and How They Work

    Sep 24, 2024 · An annuity is a contract that's issued and distributed by an insurance company and bought by individuals. The insurance company pays out a fixed or variable income...

  4. www.hdfclife.com › retirement-and-pension-plans › what-is-annuityWhat is Annuity - Meaning, Definition and Types | HDFC Life

    Sep 3, 2024 · An annuity is a long-term investment agreement between an insurance company and an individual in which the individual makes payments in series or in a lump sum, in exchange for which he gets periodic disbursements or income, either immediately or in the future.

  5. cleartax.in › glossary › annuityannuity - Definition, What is annuity, Advantages of annuity, and...

    The term annuity is a core concept under trading. Get to know the definition of annuity, what it is, the advantages, and the latest trends here.

  6. groww.in › blog › what-is-annuityWhat is Annuity - All You Should Know - Groww

    Jul 9, 2024 · An annuity is a contract you buy from financial institutions. When you purchase this plan, the company promises to pay you a steady income, either immediately or at a later date. You can invest in an annuity by making monthly payments or a one-time lump-sum payment.

  7. www.fidelity.com › learning-center › personal-financeWhat are annuities and how do they work? - Fidelity Investments

    Apr 16, 2024 · At its most basic level, an annuity is a contract between you and an insurance company that shifts a portion of risk away from you and onto the company. There are 2 basic types of annuities: Income annuities can offer a payout for life or a set period of time in return for a lump-sum investment.

  8. www.investopedia.com › investing › overview-of-annuitiesAn Overview of Annuities - Investopedia

    Apr 28, 2022 · An annuity is a contract between the contract holder—the annuitant —and an insurance company. In return for your contributions, the insurer promises to pay you a certain...

  9. www.forbes.com › advisor › retirementWhat Is An Annuity? – Forbes Advisor

    Dec 14, 2022 · An annuity is an insurance contract that exchanges present contributions for future income payments. Sold by financial services companies, annuities can help reinforce your plan for...

  10. en.wikipedia.org › wiki › AnnuityAnnuity - Wikipedia

    Contingency of payments. Annuities that provide payments that will be paid over a period known in advance are annuities certain or guaranteed annuities. Annuities paid only under certain circumstances are contingent annuities. A common example is a life annuity, which is paid over the remaining lifetime of the annuitant.

  11. dictionary.cambridge.org › dictionary › englishANNUITY | English meaning - Cambridge Dictionary

    a fixed amount of money paid to someone every year, usually until their death, or the insurance agreement or investment that provides the money that is paid: an annuity policy. annuity income. She receives a small annuity. SMART Vocabulary: related words and phrases. Trusts & funds. blind trust. charitable trust.